Remove Finance Remove Forecast Remove PR Remove Search
article thumbnail

How to Know When to Sell vs. When to Market to Customers

Both Sides of the Table

If they don’t want to share that information with you then they’re not your champion and you must continue in search of one in order to be worth investing resources in this account. But you have no choice since in the first few years everything you do is about showing results to justify financing to continue your operations.

Customer 324
article thumbnail

Scaling Sales: Arming & Aiming – A’s, B’s & C’s

Both Sides of the Table

You have no choice since in the first few years everything you do is about showing results to justify financing to continue your operations. You could often tell when a sales person couldn’t defend having the deal be listed as an A deal (and thus have a high forecast percentage) by having them walk you through each deal.

Sales 286
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why the Future of Tesla May Depend on Knowing What Happened to Billy Durant

Steve Blank

Sloan kept the corporate staff small and focused on policymaking, corporate finance, and planning. He once again took over General Motors, merged Chevrolet into GM, bought Fisher Body and Frigidaire, created GMAC GM’s financing arm and threw out the bankers who six years earlier had fired him.

Michigan 296
article thumbnail

The Ultimate Guide to Starting a Software Company

Up and Running

While it’s useful to be able to have a sales forecast and expense budget early on, it’s not something you need until you’ve validated your idea. Later you will want to come back and create a proper sales forecast, cash flow forecast, and expense budget. Circle back and create a more detailed forecast.

article thumbnail

What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

Of course it is super helpful if a VC can drop you in to important people for business development, recruiting, PR, sales and eventually M&A. Simply put – I’d be in search of a VC who had an intuitive sense of my product, my customers, my organizational issues, my competitors, etc. Connections? EQ and Team Leadership?

Portfolio 364
article thumbnail

You Can’t Spell Hardware without H-A-R-D

K9 Ventures

Forecasting production quantities, planning for how many parts you will need and when, accounting for the lead times on those parts is all a complicated endeavour. This introduces new risks in terms of forecasting, financing, and logistics. Financing/Forecasting: Financing a hardware company has it’s own challenges.

article thumbnail

How to Start a Business in a Month – #30DayChallenge

Up and Running

A sales forecast. There are a number of ways you can go about gathering this information: Perform web searches – see who is operating in your location, search for statistics on your industry, find out who is selling something similar to you, what they’re doing and how they’re doing it. Week 2 – Getting financed.